Healthcare IT Market Size, Trends & Growth Opportunity By Product & Services (RIS, HER, PACS, VNA, CPOE, Telehealth, Healthcare Analytics, Population Health Management, Fraud Management, Claims Management), By Delivery Mode (On-Premise, Cloud Based), By Component (Hardware, Software, Services), By End User (Provide, and Payer), By Region and Forecast till 2027
Report ID : QR100276 | Industries : Healthcare | Published On :May 2020 | Page Count : 248Global Healthcare IT Market
Global Healthcare IT Market was valued at USD 185.2 billion in 2019 which is expected to reach USD 395.21 billion by 2027 at a CAGR 15.5%.
Healthcare IT solutions are used to manage, control, and automate the various tasks and processes in healthcare industry. Increase in adoption rate of Computerized Physician Order Entry, as well as increase in prevalence of chronic diseases and rise in technological advancements will grow the global healthcare IT market growth over a forecast period.
Market Drivers
Increase in development and investment in healthcare sector is the key driving factor which is expected to boost the global healthcare IT market growth. Furthermore, increase in adoption of artificial intelligence in healthcare industry which is expected to propel the global healthcare IT market growth. Artificial intelligence is helpful to provide practitioner assistance and decision support for various tasks such as patient and symptom analysis. Also, artificial intelligence is used to accelerate new drug development, determine disease outbreak, and improve overall healthcare outcome which is expected to fuel the growth of global healthcare IT market during this forecast period. Moreover, increase in usage of big data and cloud computing services will have the positive impact on market growth. Additionally, high returns on investment in healthcare sector are expected to drive global healthcare IT market growth.
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Market Restraints
However, security concerns and interoperability issues are the restraining factors which are expected to hamper the growth of global healthcare IT market. Also, lack of skilled professionals and high maintenance cost will affect the global healthcare IT market growth.
Market Segmentation
Global Healthcare IT Market is segmented into product & Services such as RIS,HER, PACS, VNA, CPOE, Telehealth, Healthcare Analytics, Population Health Management, Fraud Management, and Claims Management ,by delivery mode such as On-Premise, and cloud Based, by component such as Hardware, Software, and Services. Further, Global Healthcare IT Market is segmented into end user such as Provide, and Payer.
Also, Global Healthcare IT Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as General Electric, Athenahealth, Allscripts, Dell Technologies, EPIC Systems Corporation, Philips, Change Healthcare, Cognizant, Cerner Corporation, and Optum.
Market Taxonomy
By Product & Services
- RIS
- HER
- PACS
- VNA
- CPOE
- Telehealth
- Healthcare Analytics
- Population Health Management
- Fraud Management
- Claims Management
By Delivery Mode
- On-Premise
- Cloud
By Component
- Hardware
- Software
- Services
By End User
- Provide
- Payer
By Region
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Healthcare IT Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Global Healthcare IT Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Healthcare IT Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Healthcare IT Market, By Product & Services
5.1 Y-o-Y Growth Comparison, By Product & Services
5.2 Global Healthcare IT Market Share Analysis, By Product & Services
5.3 Global Healthcare IT Market Size and Forecast, By Product & Services
5.3.1 RIS
5.3.2 HER
5.3.3PACS
5.3.4VNA
5.3.5CPOE
5.3.6Telehealth
5.3.7Healthcare Analytics
5.3.8Population Health Management
5.3.9Fraoud Management
5.3.10Claiims Management
6 Global Healthcare IT Market, By Delivery Mode
6.1 Y-o-Y Growth Comparison, By Delivery Mode
6.2 Global Healthcare IT Market Share Analysis, By Delivery Mode
6.3 Global Healthcare IT Market Size and Forecast, By Delivery Mode
6.3.1 On-Premise
6.3.2 Cloud
7 Global Healthcare IT Market, By Component
7.1 Y-o-Y Growth Comparison, By Component
7.2 Global Healthcare IT Market Share Analysis, By Component
7.3 Global Healthcare IT Market Size and Forecast, By Component
7.3.1 Hardware
7.3.2 Software
7.3.3Services
8 Global Healthcare IT Market, By End Use
8.1 Y-o-Y Growth Comparison, By End Use
8.2 Global Healthcare IT Market Share Analysis, By End Use
8.3 Global Healthcare IT Market Size and Forecast, By End Use
8.3.1 Provide
8.3.2 Payer
9 Global Healthcare IT Market, By Region
9.1 Global Healthcare IT Market Share Analysis, By Region
9.2 Global Healthcare IT Market Share Analysis, By Region
9.3 Global Healthcare IT Market Size and Forecast, By Region
10 North America Healthcare IT Analysis and Forecast (2017 – 2027)
10.1 Introduction
10.2 North America Healthcare IT Market Share Analysis, By Product & Services
10.3 North America Healthcare IT Market Size and Forecast, By Delivery Mode
10.4 North America Healthcare IT Market Size and Forecast, By Component
10.5 North America Healthcare IT Market Size and Forecast, By End Use
10.6 North America Healthcare IT Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Healthcare IT Market Analysis and Forecast (2017 – 2027)
11.1 Introduction
11.2 Europe Healthcare IT Market Share Analysis, By Product & Services
11.3 Europe Healthcare IT Market Size and Forecast, By Delivery Mode
11.4 Europe Healthcare IT Market Size and Forecast, By Component
11.5 Europe Healthcare IT Market Size and Forecast, By End Use
11.6 Europe Healthcare IT Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.64. Rest of Europe
12 Asia Pacific Healthcare IT Market Analysis and Forecast (2017 – 2027)
12.1 Introduction
12.2 Asia Pacific Healthcare IT Market Share Analysis, By Product & Services
12.3 Asia Pacific Healthcare IT Market Size and Forecast, By Delivery Mode
12.4 Asia Pacific Healthcare IT Market Size and Forecast, By Component
12.5 Asia Pacific Healthcare IT Market Size and Forecast, By End Use
12.6 Asia Pacific Healthcare IT Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Healthcare IT Market Analysis and Forecast (2017 – 2027)
13.1 Introduction
13.2 Latin America Healthcare IT Market Share Analysis, By Product & Services
13.3 Latin America Healthcare IT Market Size and Forecast, By Delivery Mode
13.4 Latin America Healthcare IT Market Size and Forecast, By Component
13.5 Latin America Healthcare IT Market Size and Forecast, By End Use
13.6 Latin America Healthcare IT Market Size and Forecast, By Country
14 Middle East Healthcare IT Market Analysis and Forecast (2017 – 2027)
14.1 Introduction
14.2 Middle East Healthcare IT Market Share Analysis, By Product & Services
14.3 Middle East Healthcare IT Market Size and Forecast, By Delivery Mode
14.4 Middle East Healthcare IT Market Size and Forecast, By Component
14.5 Middle East Healthcare IT Market Size and Forecast, By End Use
14.6 Middle East Healthcare IT Market Size and Forecast, By Country
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 General Electric,
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Athenahealth,
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Allscripts
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Allscripts
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 EPIC Systems Corporation
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Philips
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Change Healthcare
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Cognizant,
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Cerner Corporation,
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Optum
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies